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Solana To Promote The Adoption Of Basic Attention Tokens (BAT)

Solana (SOL) will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among its dApp users.

It has been reported that during Solana's Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana and feature Solana decentralized applications (dApps) on its browser.

Brendan Eich, the CEO, and co-founder of Brave, said:

“With more and more users and creators requiring tools for fast and affordable access to the decentralized Web, this integration will seamlessly pave the way for the next billion crypto users to harness applications and tokens.

Anatoly Yakovenko, the CEO of Solana Labs, said:

“Deep integration with browsers is key to helping DApps build the best web experiences. Brave’s announcement of Solana wallet support across all versions of their browsers is an important step to onboard the next billion users to Solana.

However, Brave is a privacy browser that enables users to block ads, trackers, and cross-site cookies. The browser also features a built-in digital wallet, similar to MetaMask that allows users to deposit their crypto and interact with dApps.

The report said that users can utilize BAT to tip their favorite content creators on platforms such as Twitter. The Brave Browser has 42 million monthly active users and 1.3 million content creators. Solana is a blockchain designed to power dApps and decentralized finance (DeFi) protocols.

Likewise, the network is known for its speed and sub-cent transaction fees. Notable entities using its blockchain include cryptocurrency exchange FTX, music streaming platform Audius, USD Coin (USDC), NFT hosting platform Metaplex, and high-frequency trading firm Alameda.

Thus, SOL has recently surpassed Cardano (ADA) and Tether (USDT) to become the fourth-largest cryptocurrency in the world by market capitalization.

Source: Cointelegraph


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